Should I do another price reduction (not sure if that looks desperate....since I'm already lower than competition), or should i just be patience (like the other builders in the area) or should i just forget about selling,  move in and wait for the market to adjust?

I am a realtor in the Pittsburgh area and I just met a client who really wants to buy a home, but has a very low credit score as well as minimal money for a down payment.

Hi Maria,I think if you sell your owner occupy property you can just sit and wait for the right deal to come next. 

So you combine that with minimal to negative cash flow, and suddenly California really becomes an appreciation play (in my opinion). 

As we're getting started long distance, we're approaching OOS or long distance properties from more of a turnkey perspective to get started as that might allow us to get experience with minimizing headache from rehabbing from a distance, plus that could potentially allow us to use the turnkey network (property management + their access to recommended contractors, etc.)

However I feel like I have no velocity if I am waiting to get green lit for a traditional mortgage company.

Don't wait to join a group in your area. 

My wife and I are anxiously waiting for our SFH rental property to close mid-Sept.

Wait until later to try something fancy or unique. 

what would be the legal ways to avoid or minimizing paying taxes in this scenario ?